High Court judge Frank Seepersad has granted a request by the East Port-of-Spain Development Corporation (EPOS) to freeze the assets of an employee and two of his companies to the tune of over $15 million.
The corporation took the civil action after a forensic audit allegedly uncovered that unauthorised cheque payments close to $16 million were made to Kirk Services Limited, a trading company, over a four-year period.
EPOS accountant Solomon Lamb is a director of the company.
Lamb, Kirk Services Ltd and Lamb’s company, Solomon Lamb & Associates Internal Audit & Management Consultants, were named as defendants one, two and three respectively in the lawsuit.
The corporation asked the court to deal with its application as a matter of urgency, claiming there were instances of forgery of authorised signatures, fraudulent accounts for these payments, apparent manipulation or concealment of relevant records by Lamb.